“The gradual relaxation of travel restrictions and pace of the tourism market recovery will be potential key factors driving re-valuation,” it said, adding that although the rapid rebound in REIT share has limited privatisation opportunities, investors can still pursue platform acquisitions from office REITs or diversified REITs wishing to realise NAV discounts, with many currently trading at a 15-30 per cent NAV discount. … [Read more...] about Distressed hospitality assets drop in value over pademic
